29/10/2019 - 07:00

Morning Headlines

29/10/2019 - 07:00

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Morning Headlines

Albanese backs in blue-collar workers

Anthony Albanese has declared Labor the “party of jobs” and has taken up the role of champion of the tradie, slapping down the Government for what he says is rhetoric suggesting people don’t want blue-collar work. The West

Fortescue hits out at native title judgments

Fortescue Metals Group has criticised the Federal Court over native title rulings, which it claims pose a threat to investment in regional Australia. The Fin

CSIRO genome tool now global with Amazon

National science agency CSIRO has become the first public-sector organisation in the world to sell a health product on the Amazon Web Services Marketplace, targeting researchers in conditions such as diabetes and Alzheimer’s. The Fin

Public schools in cash-for-Chinese students scheme

Perth’s most sought-after public high schools are offering places to gifted students in China as part of the McGowan Government’s push to increase WA’s share of the lucrative overseas student market. The West

Fear grows over ASIC’s pay powers

The executive accountability regime governing banker conduct and pay will soon be expanded to include superannuation funds, insurers, the Australian Securities Exchange, AMP and potentially private health insurers and other big companies playing a crucial role in the financial system. The Fin

Google backs industry code, not a revenue-sharing model

Google’s vice-president of news says the competition watchdog’s proposed code of conduct for business relationships between digital platforms and Australian media companies is a ‘‘sensible idea’’ but the company does not believe revenue sharing should be included. The Fin

iSignthis source of revenue is ‘deceptive’

iSignthis may have facilitated up to a hundred million dollars of transactions on behalf of banned trading firm OT Capital in the space of a month, based on the suspended fintech’s replies to probing by the stock exchange about its customers, market disclosures and sources of revenue. The Fin

Slow restart at Samarco will be ‘small beer’ for Australian miners

A restart of BHP and Vale’s infamous Samarco operation would be ‘‘small beer’’ for iron ore markets, with very little effect on Australian exporters, according to NAB’s head of commodity research, Lachlan Shaw. The Fin

Cheaper power bills push alarms the critics

Pro-nuclear energy advocates have promised that power bills will be 80 per cent cheaper if a plant was built in the State’s backyard, but those opposed to the plan have warned it would be an “intergenerational burden” on WA. The West

Merchant wastes no time in AusCann shake-up

Activist investor Merchant Group’s arrival in AusCann has had a quick impact, with the medical cannabis group announcing a sudden board revamp that includes the departure of founder and chairman Mal Washer. The West

 

 

The Australian Financial Review

Page 1: The executive accountability regime governing banker conduct and pay will soon be expanded to include superannuation funds, insurers, the Australian Securities Exchange, AMP and potentially private health insurers and other big companies playing a crucial role in the financial system.

Page 2: Google’s vice-president of news says the competition watchdog’s proposed code of conduct for business relationships between digital platforms and Australian media companies is a ‘‘sensible idea’’ but the company does not believe revenue sharing should be included.

Page 5: The banks’ crackdown on lending standards is hurting exporters’ ability to grow, with nearly half reporting it is harder to secure finance compared with 12 months ago.

Page 9: Fortescue Metals Group has criticised the Federal Court over native title rulings, which it claims pose a threat to investment in regional Australia.

Page 13: iSignthis may have facilitated up to a hundred million dollars of transactions on behalf of banned trading firm OT Capital in the space of a month, based on the suspended fintech’s replies to probing by the stock exchange about its customers, market disclosures and sources of revenue.

Page 15: Businesses struggling to keep up with demand from consumers shopping on their mobile devices face a new challenge - a boom in social commerce or people shopping on Facebook, Instagram and Pinterest.

Page 19: A restart of BHP and Vale’s infamous Samarco operation would be ‘‘small beer’’ for iron ore markets, with very little effect on Australian exporters, according to NAB’s head of commodity research, Lachlan Shaw.

Page 23: Leading Australian technology venture capitalists and company founders have warned investors to ignore bearish commentary about high-growth firms being overvalued, saying there is no tech bubble and that companies must be judged individually.

Page 26: National science agency CSIRO has become the first public-sector organisation in the world to sell a health product on the Amazon Web Services Marketplace, targeting researchers in conditions such as diabetes and Alzheimer’s.

 

 

The Australian

Page 1: Private health insurers are pushing for reform of the healthcare system to allow them to pay the bills of patients treated outside the hospital system, including visits to general practitioners and specialists, and at-home chemotherapy treatment.

Page 2: A 30 per cent collapse in the number of professional auditors in Australia over the past 15 years is putting corporate probity at risk and worrying the government’s Financial Reporting Council.

Page 6: Two in three parents are struggling with their physical or mental health due to the competing pressures of family and work, and one-third of parents admit it is contributing to stress and tension in their relationship, a new survey reveals.

Implementing employer proposals to change workplace laws could cost private sector workers up to $2000 each in lost wages over three years, new research by the Centre for Future Work finds.

Page 8: The EU has agreed to delay Brexit until January 31, meaning Britain will not leave as planned on Thursday.

Page 17: The Australian Securities & Investments Commission has finally got a leg-up in a landmark case against Westpac, with the Federal Court siding with the regulator on appeal and accusing the bank of calculated moves and “self-interest”.

Page 19: It’s turning into a $7bn rout for float hopefuls as Onsite Rentals became the latest victim of investors’ reluctance to buy new issues near the top of the market.

Page 25: Global travel giant Airbnb has a new Australia and New Zealand manager, with ex-Google executive Susan Wheeldon joining the Silicon Valley tech company as it prepares for a likely IPO next year.

 

 

The West Australian

Page 1: Perth’s most sought-after public high schools are offering places to gifted students in China as part of the McGowan Government’s push to increase WA’s share of the lucrative overseas student market.

Page 4: The spotlight may be on the plight of NSW and Queensland pastoralists, but families in our State are suffering just as badly.

Page 7: The number of WA women having IVF has surged almost 20 per cent in just 12 months, driven by a spate of new low-cost services which have made the treatment more accessible.

Page 8: Anthony Albanese has declared Labor the “party of jobs” and has taken up the role of champion of the tradie, slapping down the Government for what he says is rhetoric suggesting people don’t want blue-collar work.

Anthony Albanese has declared WA the “key to the next election” as he reveals he wants to win the same five seats Bill Shorten was unable to turn towards Labor at this year’s Federal poll.

Page 9: Pauline Hanson will not “change her mind” on constitutional recognition after receiving a letter from Ken Wyatt at the weekend inviting One Nation and other parties to form a bipartisan working group to tackle the issue.

Page 14: Pro-nuclear energy advocates have promised that power bills will be 80 per cent cheaper if a plant was built in the State’s backyard, but those opposed to the plan have warned it would be an “intergenerational burden” on WA.

Page 16: Thousands of victims of crime — including many from domestic assaults — have to wait more than a year for thousands of dollars in compensation as massive backlogs continue to worsen.

Page 18: Hospitals across the State will beef up security, install and upgrade CCTV systems and employ alcohol and drug specialists as part of an $11.2 million McGowan Government funding injection to crack down on violence against nurses and doctors.

Business: Microsoft has scored a major victory in securing a milestone, $15 billion Pentagon contract for cloud computing services.

Activist investor Merchant Group’s arrival in AusCann has had a quick impact, with the medical cannabis group announcing a sudden board revamp that includes the departure of founder and chairman Mal Washer.

The listed Rural Funds Group is buying three cattle properties north of Perth for $22.6 million from Pilbara pastoralist and businessman Brent Smoothy, marking the group’s first exposure to WA land.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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